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Evolution of Risk and Political Regimes

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  • Maria Petrova
  • Robert H. Bates

Abstract

The article contributes to the growing literature on intermediate regiimes by presenting a model that incorporates key features of such regimes and generates several of the "stylized facts" that characterize their behavior: their political volatility, cross nationality and over time, and the veriability of their economic performance something that renders their economies among the fastest growing and declining in global samples. Using an instrumental veriables approach, we test the model employing cross-national data.
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  • Maria Petrova & Robert H. Bates, 2012. "Evolution of Risk and Political Regimes," Economics and Politics, Wiley Blackwell, vol. 24(2), pages 200-225, July.
    • Handle: RePEc:bla:ecopol:v:24:y:2012:i:2:p:200-225
    DOI: 10.1111/j.1468-0343.2012.0398.x
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    4. Vasilyeva, Olga & Libman, Alexander, 2020. "Varieties of authoritarianism matter: Elite fragmentation, natural resources and economic growth," European Journal of Political Economy, Elsevier, vol. 63(C).

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